Word: consumerized
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But the late week rally is harder to explain. The mini-boost has been accredited to better than expected quarterly results from tech companies like IBM and Google. Yet that good news Thursday coincided with figures showing that American industrial production in September dropped by 2.8% - the steepest fall since...
Can you trace your thinking on subprime loans and lending standards, starting when you were at Treasury and first looking at this issue and winding up with IndyMac, where you're now doing mass loan modifications? I came to it as a consumer issue. In 2001 [Senator] Paul Sarbanes asked...
When you came back in 2006 what was your reaction to what you saw going on in securitized loans? The consumer groups were vocal about what was going on out there and some of our own staff had some concerns, so we bought a loan-performance database of mortgage-backed...
In the last few years, super-simple LA-based American Apparel has ingrained itself in hipster culture on both coasts while simultaneously expanding to become the USA’s largest clothing manufacturer, with hundreds of retail locations all over the world. The philosophy behind its fashion falls somewhere between...
Former Director of the University’s Office of Budgets and Financial Planning Dan Shore was named Harvard’s vice president for finance and chief financial officer on Monday. In addition to his official position, which he had held since 2003, Shore had been serving as Harvard?...